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Preview: Durables-Cons. Products-News By Industry-News-The Economic Times

Durables-Cons. Products-Industry-The Economic Times

The Economic Times: Latest business, finance, markets, stocks, company news from India.

Last Build Date: Sun, 11 Dec 2016 11:32:39 GMT

Copyright: Copyright:(C)2016 Bennett Coleman & Co. Ltd,

Kenstar appoints Rajiv Kenue as new chief operating officer

Fri, 25 Nov 2016 06:59:40 GMT

(image) The brand offers customers an extensive portfolio of products ranging from air coolers, water heaters, microwaves, mixer grinders and a host of other kitchen appliances.

Demonetisation: LG announces buy now, pay after 60 days offer on durables

Thu, 24 Nov 2016 14:02:30 GMT

(image) "We have designed this campaign to help customers purchase consumer durables without paying cash. We have tied up with Bajaj Finance for this," Niladri Datta said.

Black money may affect white goods sales, warns BSH

Thu, 24 Nov 2016 08:36:39 GMT

(image) Industry experts have earlier said the sales of large appliance have slumped 40-50% in the past two weeks, compared with the year-ago period.

TTK Prestige eyes Rs 1,700-crore turnover this fiscal

Sun, 20 Nov 2016 07:23:17 GMT

(image) In April this year, TTK Prestige forayed into the domestic home cleaning market and expects the category to contribute up to 10 per cent to its turnover in 3-4 years time.

Ashok Advani to Retire, Suneel to Head Blue Star

Fri, 11 Nov 2016 08:59:15 GMT

(image) The company on Thurs day also announced the induction of two promoter directors -Rajiv Lulla and Dinesh Vaswani as non-executive promoter directors in the board.

Bajaj Electricals unlikely to meet its revenue target of Rs 5,000 crore this fiscal

Thu, 10 Nov 2016 13:11:34 GMT

(image) “The CFL market will continue to crash and availability of LED lamps in the market should improve in the second half of the fiscal. We expect better prospect for the lighting business in the second half,” said Bajaj.

GST rate on consumer durables should be 18%: CEAMA

Mon, 07 Nov 2016 11:38:45 GMT

(image) Categorising consumer goods as items of mass consumption, the association has requested that the rate on all consumer durable products be kept at 18%.

Raymond Weil considers changing strategy for India

Mon, 24 Oct 2016 13:27:23 GMT

(image) Olivier Bernheim, owner and president, Raymond Weil said the company will limit its distribution through these two retailers and will have around 26 points of sales in the country.

AC, Refrigerator makers on track to phase out HFCs

Mon, 17 Oct 2016 18:53:00 GMT

(image) The switch to greener gases has started in high-end models such as inverter air-conditioners and the companies plan to bring them across the portfolio

Consumer durables makers expect 20% festive season sales uptick

Sat, 08 Oct 2016 08:42:14 GMT

(image) The festive season starts with Onam in Kerala in September, continues through Ganesh Chaturthi in Maharashtra and Durga Puja in West Bengal, and extends till Diwali in October.

Godrej Appliances to launch exclusive brand stores in tier II and III markets

Fri, 07 Oct 2016 12:16:01 GMT

(image) Kamal Nandi, business head at Godrej Appliances said the exclusive brand outlets will give greater value to customers.

Samsung announces 'Smart Utsav' for festive season 

Thu, 29 Sep 2016 12:05:11 GMT

(image) The S. Korean consumer durables major will offer freebies including LED televisions, home theatre systems, Galaxy J2 smartphones besides additional warranty

Whirlpool eyes double digit sales growth this festive season

Wed, 28 Sep 2016 08:50:27 GMT

(image) For the festive season, Whirlpool will launch products in all categories, starting with a new stainless range in refrigerators.

Godrej Appliances eyes Rs 4,000 crore revenue in FY17

Sun, 18 Sep 2016 06:50:08 GMT

(image) It has 6 per cent market share each in ACs and microwaves. The AC industry is estimated to be at Rs 10,500 crore, while the microwave market size is estimated to be Rs 900 crore.

International suitors line up for stake buy in Llyod Electric's consumer durable arm

Fri, 16 Sep 2016 09:38:08 GMT

(image) Lloyd Electric & Engineering had a debt of Rs 879 crores as of FY 2015-16.